A company plans to raise funds through a public issue. The amount to be raised is ₹405 crore. This will include a fresh issue of equity shares and an offer for sale by promoters.
Proceeds from the fresh issue will be used for certain debt repayments. The company had initially proposed a larger issue size but later reduced it.
Further details about the issue, including its structure and timeline, are available from the company's prospectus and other filings.
safety
A massive fire broke out in the basement parking area of Umar Apartment in the Khandupada area of Bhiwandi early on Wednesday, gutting several two-wheelers and forcing residents to rush to the terrace. Visuals of the incident that surfaced online show flames engulfing the parking...
safety
The CBI is investigating Disha Salian's 2020 death, examining police records and the prior inquiry. Investigators will scrutinize evidence, witness statements, and forensic materials from the case. Allegations of evidence suppression and record fabrication are also under review b...
News
Forget everything you expect from a Sabyasachi runway for a moment. For his return to New York Fashion Week on September 15, the ace designer traded some of the expected couture extravagance for jeans, denim layers, button-downs, wrap skirts and relaxed silhouettes - and then mad...
schools
Pune: Engineering admissions in Maharashtra have recorded a significant increase this year, with 1,51,127 students securing admission to undergraduate engineering courses for the academic year 2026-27, according to data released by the Maharashtra State Common Entrance Test (CET)...
News
Bhopal (Madhya Pradesh): Bhopal’s Ganeshotsav celebrations have taken a unique turn this year, with Indrapuri’s Ganesh pandal recreating the mystical world of South Indian movie Kantara. The Indrapuri Ke Raja pandal has been designed around the film’s cultural theme, featuring a ...
Local
Mumbai: The Reserve Bank of India absorbed nearly ₹2.90 lakh crore from the banking system through two variable rate reverse repo auctions on Wednesday as surplus liquidity remained exceptionally high. The RBI has been conducting VRRR auctions regularly since last month to withdr...
Local
Shah Rukh Khan made a low-key appearance at the Ambani family’s Ganesh Chaturthi celebration at Antilia in Mumbai recently. While several Bollywood celebrities posed for the paparazzi outside the residence, the superstar chose to avoid the cameras. An inside picture of Shah Rukh ...
News
Italian luxury fashion house Fendi has come under scrutiny on social media after its heavily embellished handbag was compared with colourful mirror-and-bead bags traditionally associated with Indian festive markets, particularly during Navratri. The discussion gained momentum aft...
News
HSBC Holdings and ICICI Bank’s GIFT City operations have become the largest lenders under the Reserve Bank of India’s foreign-exchange swap programme for foreign-currency non-resident deposits, highlighting the growing importance of Gujarat International Finance Tec-City as a cha...
